Enabling people to work one more year after state pension age could result in a GDP increase of 1% or £13bn says Legal & General wealth policy director Adrian Boulding.
Speaking at the launch of the Centre for Retirement Reform today, Boulding put forward his case for an increase in state pension age saying such a move will enable people to work longer to pay off debt...
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.